BUSINESS
Nigeria doubles Fuel exports to 214,000 bpd as Dangote reshapes African Oil supply
The 650,000-bpd refinery has exported 12 cargoes of premium motor spirit totaling 456,000 tons, reaching Ivory Coast, Cameroon, Tanzania, Ghana and Togo. These mark its first gasoline exports since reaching…
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Peter Obi and the politics of 2027. By Chuks Iloegbunam
Iloegbunam, author of the acclaimed book, “Ironsi: Nigeria, The Army, Power And Politics”, is a…
Nigeria’s 2027 Election and the Tinubu Referendum. By Chidi Amuta
News Analysis: Special to USAfrica magazine (Houston) and USAfricaonline.com, the first Africa-owned, US-based newspaper published…
Nigeria, Trump and the March 3, 2026 rally in Washington DC
USAfrica magazine (Houston) and USAfricaonline.com, the first Africa-owned, US-based newspaper published on the Internet. By…
Confederation of African Football overturns Senegal’s championship, declares Morocco winner 2025 Cup of Nations
USAfricaonline.com: The Confederation of African Football (CAF) has overturned the championship from Senegal's national soccer…
Latest BUSINESS
Nigeria’s FX reserves decline amid CBN’s Naira defense
Nigeria's foreign exchange (FX) reserves have undergone a notable decline of approximately $1.02 billion over an 18-day period, as the…
NIMC to unveils national ID card with payment features for NIN holders
The National Identity Management Commission (NIMC) has announced plans to offer Nigerian citizens who have completed registration for the National…
Nigeria customs reports decline in import declarations for Q1 2024
The Nigeria Customs Service (NCS) has reported a decrease of 15,999, approximately 5%, in the volume of Single Goods Declarations…
Structural evolution: Binance establishes inaugural Board of Directors
Binance, the leading global cryptocurrency exchange, has recently established its inaugural board of directors, marking a significant milestone after years…
Price adjustment: Ivory Coast raises cocoa farm-gate rate
Ivory Coast, recognized as the world's leading cocoa exporter, is poised to raise the official cocoa farmgate price to 1,500…
Kenya and Uganda to end oil import
The Kenyan government has announced its intention to grant a license to the Uganda National Oil Company (UNOC), a development…
Nigeria: Exchange rate strengthens to N1,300/$1, best in 8 weeks
The official NAFEM window witnessed the closure of the Naira-to-Dollar exchange rate at N1,300/$1 on Wednesday, March 27, 2024, marking…
Nigeria: NCC reports 90% recovery post undersea cable cuts
The Nigerian Communications Commission (NCC) has reported that telecommunications operators have successfully restored approximately 90% of voice and data services…